Facebooklong
Worst for investors has yet to be seen The weekly chart for Meta shows a company whose share price has plunged for the past weeks. A first sign that implies the company might keep falling is the fact that the 60% Fibonacci level drawn since Corona to ath has been broken during the recent sell off, meaning that worst for investors is still yet to be seen as we enter into a proven downtrend only now. Not only, but the 21 and 55 MA have death crossed, meaning that the price will likely recover for a short time, like we are doing, and then keep falling. The yellow level shows one of the strongest monthly supports at which we could expect price to hold up of, which will likely not happen. If we break below the yellow support, price will drop fast. Hopefully stopping at the first or second red level. Even though I believe it will keep falling even further.
BULLISH ON FB FOLLOWING THE HUGE DEEPThanks for visiting my trading view idea. I WILL APPRECIATE YOUR LIKES AND CONTRIBUTIONS through comments.
META PLATFORMS (FB) saw a massive deep following her 4th quarter earnings report on 02/02022. This led to the loss of over 22% of FB market cap.
This asset has been trading within a descending channel since early September of 2021. Hence, it has been bearish.
The last peak within the said descending channel was to FIB 23.6 level. There was a massive rally down from this peak down to FIB 61.8 level breaking through both FIB 38.6 & FIB 50 to FIB 61.6 which is currently acting as a support level. This level happens to be sitting on the ascending trendline. Hence, for me, this is a strong Support Level.
I am bullish on FB following this deep drop which has presented an opportunity for me to enter some buy positions.
My TP targets are (TP 1) $255 - $260 and (TP 2P) $285 - $290.
NOTE: there is the possibility of falling further to level $225 - $220. Hence watch out for your STOP LOSS.
Facebook/META (FB) | Technical Loading Zone!Hi,
Meta Platforms slump has attracted quite a lot of interest. Is it a buy, when to buy, why to buy, do I have to buy at all? :)
"Why to buy?" - you have to do your homework! I can tell you when to start building your positions if you have decided to invest in Meta.
Technically speaking, $170 - $220 is quite a strong area. A lot of criteria match inside the mentioned zone and to me, it looks like quite a decent area to start building your position. Use partial entries because the drop is quite massive (historical - Facebook's owner Meta Platforms saw its stock market value slump by more than $230bn on Thursday, in a record daily loss for a US firm) and the overall market sentiment is pretty much interesting :)
Some criteria:
1. Trendline
2. Strong horizontal area
3. Fibo
4. Round number $200
5. 50% drop from ATH
6. Monthly EMA100
Do your own research and invest carefully!
Regards,
Vaido
Buy The FaceBook Dip Efficient Market Hypothesis - Inefficient market
Yesterday FaceBook plunged 22% in early U.S. trading on the back of poor earnings results, putting it on track to erase about $195 billion. That’s the biggest collapse in market value for any U.S. company.
This isn't the first time FaceBook has set this record. In July 2018, the company's stock plunged 19% after a slowdown in user growth, translating to a $120 billion decline in market capitalization. As you can see from the last time Facebook experienced a decline such as the one we saw yesterday, the stock recovered and exceeded all time highs.
Price could head down to support around the $200 level. However, I have confidence in taking a position here playing for a bounce and holding long term if an upward trend forms. I believe there is a high probability that the market has overacted thus causing an inefficiency and there will be a reversion back to a fair value above current levels.
Mark has big plans for the meta verse and at some point this company will drive momentum back to all time highs.
My trade size and risk will allow a visit to the $200 range.
Good Luck (:
Meta Platforms: Good Risk/Reward IdeeaMeta Platforms - Short Term - We look to Buy at 328.00 (stop at 319.00)
Price action has posted a bullish Hammer and is positive for short-term sentiment. Bespoke support is located at 325.00. We look for gains to be extended today. Previous resistance located at 350.00. Risk/reward is ample to call a buy trade.
Our profit targets will be 352.00 and 360.00
Resistance: 350.00 / 380.00 / 400.00
Support: 325.00 / 310.00 / 300.00
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FB/Meta - Resistance Turned SupportWeekly chart for FB and newly named Meta
It can be seen along the 1/1 Gann line that a previous resistance (red oval) has turned into a support (green oval)
The 50MA can also be seen as a point of support in both points
Now is the time to go long, with the new Metaverse pursuit and the consistency of price displayed through history by Meta
Facebook | Meta |Fundamental Analysis | MUST READ ! ! ! 🔔Social media titan Facebook, now Meta Platforms, has recently been in the midst of a whistleblower scandal. A former employee made allegations against the company. This drama is just the latest development for Meta, which has become a lightning rod for debate.
Investors may be seeking to figure out if the company's best days are over, particularly as Facebook's platform becomes less and less popular with younger users. Let's try to look away from the noise to see if Meta is a smart investment today.
The company is under pressure after Frances Haugen made allegations about the way the company does business. According to the whistleblower, the company's algorithms encourage the distribution of sensational, misleading, and controversial content that is useful for engagement but likely harmful to users.
Haugen also cited leaked research showing that Instagram, one of Meta's platforms, harms the mental health of young users. One study found that suicidal thoughts increased among teenage girls in the U.K. after using Instagram, and another study found that it contributes to eating disorders. These findings have prompted intense examination from politicians, who are asking for regulation of how Meta does business. Regulators have a lot of power and can do all sorts of things to the company, up to and including its complete collapse.
Meta is also a pioneer in the social media industry; its FB app is one of the oldest platforms in use today. Over time, Facebook's popularity among younger users has declined, ceding the lead to apps like Snap and TikTok. While Meta's Instagram platform is still popular, it's fair to question whether Meta is on the decline.
If we pay attention to the company's results, Meta proves that it is one of the most successful business models in the world. The company recently reported third-quarter 2021 results, its first full quarter after Apple implemented iOS privacy policies, making it harder for ad businesses like Meta to track its users.
The company continues to do well despite all the drama, political threats, and pressure from Apple. In the third quarter, the company increased the number of daily active users by 6% year over year to 1.9 billion, and the average revenue per user rose 27% to $10.00.
The increased number of users and higher revenue per user drove Meta's third-quarter revenue growth by 35% year-over-year to $29 billion. The company is also extremely profitable, converting nearly 33% of that, or $9.5 billion, into free cash flow. With $58 billion in assets on its balance sheet, Meta has a lot of cash on hand and has announced a massive $50 billion stock buyback program.
The company recently announced a rebranding to the name "Meta" to focus its energies on developing the Metaverse. This is a space where the physical and digital worlds can interact in the future.
The company is splitting into two main segments, one of which will be Facebook, Instagram, WhatsApp, and the rest of Meta's apps. The other is Reality Labs, dedicated to Metaverse, Oculus, and other virtual reality projects. Metaverse could one day become a whole new digital economy, and CEO Mark Zuckerberg talked about a digital world where non-gaming tokens, virtual goods, and advertising could be new possibilities.
Explaining the company's rebranding, Zuckerberg specified that it would take years to implement. Meta could spend at least $10 billion on its Metaverse business this year and is likely to spend tens of billions of dollars in the subsequent years.
The company's stock has fallen over the past five weeks amid the whistleblower story. Analysts estimate that Meta's earnings per share (EPS) could be $14 for all of 2021, which values the stock at a projected price to earnings (P/E) of 23.1.
It is a small premium compared to the P/E ratio for the S&P 500, which is 21.3. Nevertheless, Meta's predicted 2021 earnings are up 37% from last year; projected earnings per share of $14 are up 39% from 2020. One could argue that this growth rate should provide a premium over the broader market, making Meta stock engaging at these levels.
Patient investors can continue to benefit from the profitability of Meta's existing business, while Metaverse may one day take the company to new heights. Regulation remains a likely menace, but Meta's growth potential is hard to ignore.
Long FBP.E 333.26
S.L 302.55
T.P 395.57
In this analyse we can see how the movement of the FB stock is inside a channel, and now we are in a lower spot. Adding to this, the fundamental Analysis suggest us that FB is waiting for the quarterly earnings, that are in a good forecast today.
For the technical analysis part we can see that we have a big volume in the pre-market inside. The two indicator with their convergence show that a change of trend is possible. However we aren't now to enter in the market but the volume that will be generate at the starts of the session of today can delete our position.
BE CAREFULL
no financial advise